LATE NIGHT R.E.M.

The Power of "Wwweeeeeeeeeee"

Trade to trade well", I read that somewhere and thought to myself ...."HUH?! What the crap!" What happened to the trade to earn well"? But it didn't take me long to understand that "trading well" itself entails a sense of acheivement. A few days at Muddy's chat and you are a part of that exciting, terrifying yet fulfilling experience which can only be expressed as, in Muddy's words, "Wweeeeeeeeeeeeeeeee".Believe me there's no other way to express it .
"Wweeeeeeee" is the sound of a rising stock which transforms into the sound of success if you have been able to pick it on time.Please don't under estimate the "weeeeee" powers;it is an overwhelming sensation. Once under the spell u can be high for days;smiling to yourself and others to an extent that people think you are crazy or hitting on them :)
I am grateful to Laura and Muddy because of their encouragement and help I've been able to witness/taste a few "weeeeees" like yesterday:
CSUN Loki has already mentioned that
DUSA opened at 3.69 and kept soaring till it hit 4.76...(."jiggy" in Muddy's lingo)


Dusa is a "pharma stock" and the reason for its big show was FDA's designation to its drug. This one trait common to all pharma stocks, FDA has the power to make or break them e.g DNDN. So before indulging in any "pharma stock" please check the news/rumors.

***MY TRADES 5/17 5/18

DAWG Trades Friday 5/18

DRL in 1.02 out 1.03
VSCN in 15.66 out 16.35
THK in 2.60 out 2.84
ENOC in 31.13 out 31.81
TECUA in 15.70 out 17.15
DSTI in 4.03 out 4.53
OMR in 7 still holding at close price 8.32, expecting gapup on open

Again, thanks to Loki, for early news alert on OMR shipwreck find.

Thursday 5/17

DUSA in 3.87 out 4.50
TUBR in 2.28 out 2.41
AVNR in 2.81 out 3.19
TTGT in 15.20 out 15.17
TECUA in 14.05 out 15.72
CSUN in 13.04 out 16.48

Thanks go out to "MR. IPO", Loki for CSUN.

CSUN

"I love the smell of a good IPO in the morning." Every once in a while one will come along and fly from the get go. Today we had CSUN which started trading. Stock opened at $12.00, did a quick dip to $11.77 and took off from there as you can see in the chart. Stock closed at $16.59 near the HOD of $16.70 on heavy volume. This is why I monitor the IPO scene. Sweet!!!!

Chat Room, Please Read

We have made some changes to the chat room code (no ads!). If you are having problems logging in, clear your browser cache and try again. Starting around June 1st, if you haven't already done so, you will need to register a user name with Parachat to access the chat room. It doesn't cost anything to register.

Muddy's Filters

I mentioned a few stocks on the MOMO list in the chat on Friday. From this list I put up DCNAQ alerted at 1.35 and MBKR at .75. Nikki first alerted VII early at about $10. Some nice gains from this scan.

Someone said that it would be useful if we put these on the blog. The filter is really simple and is already here on the blog under the Important Posts link on the sidebar, FILTERS I USE. It is the first filter mentioned in that post.

FLOAT

There have been some huge runners in the past few weeks,many of them lesser known stocks with LOW FLOAT.
New readers here if you're interested in low floaters I urge you to check out... http://stockbee.blogspot.com/

Friday's post by Pradeep is as usual very informative:

Revisiting float

FRIDAY'S MOVERS ON MY WATCH 5/14

With decent volume and dayrange:

DNDN OPBL DCNAQ NFI BFTH ONT RTK NGA PUDC ANO IDSA TKO SIF AVII VII ICOPW COTE NFLD ABIX CYDS

BEAT DOWNS FOR 5/14

With good dayrange and decent volume:

DESC BRLC CNR MAMA OPX FFHL MOVI WYY POP HMB CFUL TVIN AVZA AWNE AENS TEXG BPG BSQR NNPP AGEN

DAY RANGERS WEEK OF 5/14

DNDN OPBL DCNAQ DPHIQ BFTH NRMX CPNLQ NGA PUDC IDSA SIF KDKN HMB VII MDII NNPP CFUL AVZA ICOPW AENS TEXG ARGA IDMI GLGC ROCM PRVT COTE MEMY BSQR CHYS NFLD BVSN UPBS EDGR CYDS MATH THK NNRF BTEM SWRI